New URAR Demo

[J Grant]

I just paid for an inspection on one of the duplexes; the fee was $600.00.

Was that a home inspection?

 

[Non Sequitur]

But I do have to comment about one thing: The standard line from the FANNIE members at their UAD 3.6 introduction slide shows all over the country this year goes like this:

"We did not spend 8 years developing this new system for appraisers to get rid of appraisers."

Sounds nice, but its disingenuous. If you gave these guys Sodium Pentathol and then asked them again, I suspect the real answer would be closer to something like this:

"Traditional appraisers are dying out anyway, plus they are unwilling to learn and to keep up, so we're gonna 'help them out the door' with this onerous '3.6 Abomination' - and then we are gonna redefine not only what an appraisal is, but what an APPRAISER is. Probably no one will ever be able to make a real good living as an independent appraiser again, but hey - we'll keep our govt sinecures*."

After that - comes the "Time of the Appraising/DataCollecting Flying Monkeys", with the appraisal process being parceled out and most everyone "working for peanuts".

As I said, its their game, their rules, and I have choices too. That's life. (But I don't have to turn around and say "thanks - may I have another?" either. )

*Sinecures /sī′nĭ-kyoo͝r″, sĭn′ĭ-/

Plural form of sinecure

noun

1. A position or office that requires little or no work but provides a salary.

x10.

 

[Charles West]

Was that a home inspection?

Yes. I thought that would be a natural progression for an appraiser to move into.

 

[TC]

"We did not spend 8 years developing this new system for appraisers to get rid of appraisers."


[/LIST]

And monkeys just flew out of my butt.

 

[RCA]

If you really want to know what they are probably doing is getting a value from an AVM, then using some system to push that value up or down based on the inspection report, including photos. --- When they are allowed to use an AVM. They actually have AVMs that have a scale you can push left or right for quality/condition. It doesn't work for all homes. But probably as good as many appraisers.